KUALA LUMPUR, April 28 -- The Well Living Lab, a Delos and Mayo Clinic collaboration has announced a comprehensive plan to study the design and operation of workspaces to help prevent the spread of respiratory viruses.
According to a statement, this initiative will include research conducted in the lab, along with applications and interventions into corporate offices in the United States and internationally.
“The Well Living Lab is uniquely positioned to bring together building and health sciences expertise and technologies to generate and disseminate discoveries. This knowledge will help prepare the world for post COVID-19 safe environments in office and other settings,” said Well Living Lab Director (Research) and Mayo Clinic cardiologist, Dr Veronique Roger.
The Well Living Lab, adjacent to the Mayo Clinic campus in Rochester, Minnesota, will use its configurable ‘living lab’ office space to generate insights and evaluate technologies for reducing the risk of respiratory virus transmission in work environments.
Cushman & Wakefield will contribute their expertise in workplace strategy and design practices, Delos will contribute expertise in air filtration strategies, while Hines will contribute lessons learned from their six-decade history of creating innovative, sustainable real estate.
To advance return-to-work guidelines, the Well Living Lab will leverage its field study capabilities for interventions in Cushman & Wakefield’s and Hines’ offices, along with Delos’ global headquarters in New York.
The information gathered from all participant sites will be aggregated to inform the continued advancement of guidelines. The study is also designed to include participation in other field locations from additional corporate tenants and landlords.
-- BERNAMA
Wednesday 29 April 2020
MCO APPOINTS CHIEF REVENUE OFFICER TO SUPPORT NEW PHASE OF GROWTH
Industry Veteran Joins New York Office
NEW YORK, April 29 (Bernama-BUSINESS WIRE) -- MCO, a global provider of conduct risk compliance software, announced the expansion of its management team with the addition of a Chief Revenue Officer. Industry veteran, David Kubersky, will serve as the company’s CRO to help accelerate growth and gain market traction across the firm’s global business.
The role of the CRO has become increasingly important in establishing operating procedures that keep organizations oriented towards success. In this new role, David Kubersky will be responsible for leading MCO’s sales and business efforts to support the company’s next phase of growth and its expanding go-to-market plans.
“We’re delighted to have David join the management team at this exciting time in our evolution,” said Brian Fahey, CEO of MCO. “MCO has had tremendous success to date. Now, as we lay the foundation for accelerating growth, we need a leader who can implement repeatable and scalable processes, while preserving the entrepreneurial spirit, agility and client-centricity that has and will continue to make MCO great.”
David’s track record for developing successful revenue programs is strategically important in advancing the MCO go-to-market strategy. He brings breadth and depth of experience in deploying integrated solutions to clients with proven expertise in revenue leadership, account management, digital marketing effectiveness, salesforce optimization and client success.
“I’m excited to join MCO to help execute its long-term growth strategy,” said David Kubersky. “MCO has an amazing team, a differentiated product portfolio, and a significant market opportunity. I look forward to building on the momentum and extending growth to advance the company’s evolution.”
David has more than 20 years of experience in revenue leadership roles, spanning entrepreneurial, private equity and venture capital backed firms, as well as public corporations of various sizes and stages of maturity. Before joining MCO, he served as CRO at Exiger, a provider of technology-enabled regulatory, financial crime, risk, and compliance solutions. Prior to Exiger, he served as Head of Sales at Broadridge and was a Principal of SixPoints Venture Concepts. Well-rounded, David was also the Chief Operating Officer/Chief Revenue Officer at CodeStreet and EVP and Managing Director at SimCorp – a publicly traded global software firm focused on the financial services vertical market.
About MCO
MCO (MyComplianceOffice) provides compliance management software that enables companies around the world to reduce their risk of misconduct. Its powerful platform lets compliance professionals demonstrate that they are proactively managing the regulated activities of the company, employees and third-party vendors. Available as a unified suite or à la carte, MCO’s easy-to-use and extensible SaaS-based solutions get clients up and running quickly and cost-efficiently.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20200428005188/en/
Contact
Lisa Deschamp, Vice President, Global Marketing
MCO
lisa.deschamp@mycomplianceoffice.com
Source : MyComplianceOffice
--BERNAMA
NEW YORK, April 29 (Bernama-BUSINESS WIRE) -- MCO, a global provider of conduct risk compliance software, announced the expansion of its management team with the addition of a Chief Revenue Officer. Industry veteran, David Kubersky, will serve as the company’s CRO to help accelerate growth and gain market traction across the firm’s global business.
The role of the CRO has become increasingly important in establishing operating procedures that keep organizations oriented towards success. In this new role, David Kubersky will be responsible for leading MCO’s sales and business efforts to support the company’s next phase of growth and its expanding go-to-market plans.
“We’re delighted to have David join the management team at this exciting time in our evolution,” said Brian Fahey, CEO of MCO. “MCO has had tremendous success to date. Now, as we lay the foundation for accelerating growth, we need a leader who can implement repeatable and scalable processes, while preserving the entrepreneurial spirit, agility and client-centricity that has and will continue to make MCO great.”
David’s track record for developing successful revenue programs is strategically important in advancing the MCO go-to-market strategy. He brings breadth and depth of experience in deploying integrated solutions to clients with proven expertise in revenue leadership, account management, digital marketing effectiveness, salesforce optimization and client success.
“I’m excited to join MCO to help execute its long-term growth strategy,” said David Kubersky. “MCO has an amazing team, a differentiated product portfolio, and a significant market opportunity. I look forward to building on the momentum and extending growth to advance the company’s evolution.”
David has more than 20 years of experience in revenue leadership roles, spanning entrepreneurial, private equity and venture capital backed firms, as well as public corporations of various sizes and stages of maturity. Before joining MCO, he served as CRO at Exiger, a provider of technology-enabled regulatory, financial crime, risk, and compliance solutions. Prior to Exiger, he served as Head of Sales at Broadridge and was a Principal of SixPoints Venture Concepts. Well-rounded, David was also the Chief Operating Officer/Chief Revenue Officer at CodeStreet and EVP and Managing Director at SimCorp – a publicly traded global software firm focused on the financial services vertical market.
About MCO
MCO (MyComplianceOffice) provides compliance management software that enables companies around the world to reduce their risk of misconduct. Its powerful platform lets compliance professionals demonstrate that they are proactively managing the regulated activities of the company, employees and third-party vendors. Available as a unified suite or à la carte, MCO’s easy-to-use and extensible SaaS-based solutions get clients up and running quickly and cost-efficiently.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20200428005188/en/
Contact
Lisa Deschamp, Vice President, Global Marketing
MCO
lisa.deschamp@mycomplianceoffice.com
Source : MyComplianceOffice
--BERNAMA
Tuesday 28 April 2020
Preqin Anywhere : Programme to access Preqin data wherever you are
KUALA LUMPUR, April 27 -- Preqin has launched Preqin Anywhere, a programme that enables clients to access the alternative assets industry’s most powerful data and insights in any way that best suits them.
To that end, Preqin has provided remote-access tools and collaborated with other providers to offer Preqin data directly through other CRM and research platforms, giving Preqin clients seamless access to the insights they need.
All of Preqin’s core data sets on Preqin Pro, can be accessed through its data feeds API, allowing operators to import Preqin data directly into their native systems, rather than collecting data from Preqin Pro and transferring it.
According to a statement, the data feeds API makes it easy to combine raw data from Preqin with other internal and external sources.
And with the Mobile app, Preqin is offering more ways to access Preqin’s data, anywhere, anytime. Containing all the same raw information as Preqin Pro, the Preqin mobile app allows users to get up-to-the-minute information on funds, firms, investors, and contacts.
Preqin is the Home of Alternatives™, the foremost provider of data, analytics and insights to the alternative assets community. More details at https://go.preqin.com/anywhere
-- BERNAMA
To that end, Preqin has provided remote-access tools and collaborated with other providers to offer Preqin data directly through other CRM and research platforms, giving Preqin clients seamless access to the insights they need.
All of Preqin’s core data sets on Preqin Pro, can be accessed through its data feeds API, allowing operators to import Preqin data directly into their native systems, rather than collecting data from Preqin Pro and transferring it.
According to a statement, the data feeds API makes it easy to combine raw data from Preqin with other internal and external sources.
And with the Mobile app, Preqin is offering more ways to access Preqin’s data, anywhere, anytime. Containing all the same raw information as Preqin Pro, the Preqin mobile app allows users to get up-to-the-minute information on funds, firms, investors, and contacts.
Preqin is the Home of Alternatives™, the foremost provider of data, analytics and insights to the alternative assets community. More details at https://go.preqin.com/anywhere
-- BERNAMA
Sunday 26 April 2020
PureCircle begins offering NSF-02® stevia flavour solution direct to customers
KUALA LUMPUR, April 24 -- PureCircle, producer and innovator of great-tasting stevia ingredients for the global beverage and food industries, now offers its proprietary NSF-02® stevia flavour solution direct to customers.
This important PureCircle solution was previously distributed by a third party as a strategic option within PureCircle’s growing natural flavour portfolio, according to a statement.
PureCircle is now able to provide food and beverage companies as well as flavour houses direct purchase of, and access to the ingredient.
Protected by PureCircle’s intellectual property, the NSF-02 stevia solution is part of its robust portfolio of stevia leaf ingredients including sweeteners, flavour modifiers and functional ingredients.
It is widely valued and used to enhance sweetness quality and balance overall flavour profile, while minimising off-notes and aftertaste. The NSF-02® solution is produced from the stevia leaf and labelled as natural flavour, while delivering sweetness enhancement and balanced flavour profiles.
Customers using NSF-02® stevia flavour can leverage PureCircle’s industry-leading formulation expertise and technical support with stevia-based ingredients in flavour systems and optimised sweetener/flavour solutions across a broad set of consumer product applications.
PureCircle is the exclusive, authorised provider of glycosylated steviol glycoside (GSG) flavours, including NSF-02® flavour and is uniquely able to guarantee full compliance with food safety regulatory authorities related to the use of GSG as a flavour solution.
More details at www.purecircle.com.
-- BERNAMA
This important PureCircle solution was previously distributed by a third party as a strategic option within PureCircle’s growing natural flavour portfolio, according to a statement.
PureCircle is now able to provide food and beverage companies as well as flavour houses direct purchase of, and access to the ingredient.
Protected by PureCircle’s intellectual property, the NSF-02 stevia solution is part of its robust portfolio of stevia leaf ingredients including sweeteners, flavour modifiers and functional ingredients.
It is widely valued and used to enhance sweetness quality and balance overall flavour profile, while minimising off-notes and aftertaste. The NSF-02® solution is produced from the stevia leaf and labelled as natural flavour, while delivering sweetness enhancement and balanced flavour profiles.
Customers using NSF-02® stevia flavour can leverage PureCircle’s industry-leading formulation expertise and technical support with stevia-based ingredients in flavour systems and optimised sweetener/flavour solutions across a broad set of consumer product applications.
PureCircle is the exclusive, authorised provider of glycosylated steviol glycoside (GSG) flavours, including NSF-02® flavour and is uniquely able to guarantee full compliance with food safety regulatory authorities related to the use of GSG as a flavour solution.
More details at www.purecircle.com.
-- BERNAMA
Friday 24 April 2020
China to overtake US as most resilient IPO market in 2020
KUALA LUMPUR, April 23 — Euromonitor International has launched an IPO Market Resilience Index, identifying the most resilient IPO markets and how the recent COVID-19 outbreak will impact them.
From the 2020-end, the top five world’s most resilient stock markets are forecasted to be China, the United States (US), Hong Kong, Saudi Arabia and India. For the first time in 20 years, China will take over the number one spot from the US.
With three out of five IPO markets located in Asia Pacific (APAC), the region’s strong growth is driven by the expansion of local players and investor-friendly policies.
“Being the first region impacted by COVID-19 also gives an advantage to APAC economies, as countries in the west are currently relying on imported goods from China, Malaysia and India, amid disruption to their own supply chains,” said Euromonitor International consulting practice manager for investor services, Joao Luiz Paschoal in a statement.
According to Euromonitor’s IPO framework index, APAC economies have an average score multiplier of 3.7, more than double the score for western economies, translating to a more attractive environment for IPO markets.
“Interestingly, Saudi Arabia is the only other country alongside China set to improve its resilience by opening the economy to external capital and the aftermath of oil shocks with Russia,” concludes Paschoal.
— BERNAMA
From the 2020-end, the top five world’s most resilient stock markets are forecasted to be China, the United States (US), Hong Kong, Saudi Arabia and India. For the first time in 20 years, China will take over the number one spot from the US.
With three out of five IPO markets located in Asia Pacific (APAC), the region’s strong growth is driven by the expansion of local players and investor-friendly policies.
“Being the first region impacted by COVID-19 also gives an advantage to APAC economies, as countries in the west are currently relying on imported goods from China, Malaysia and India, amid disruption to their own supply chains,” said Euromonitor International consulting practice manager for investor services, Joao Luiz Paschoal in a statement.
According to Euromonitor’s IPO framework index, APAC economies have an average score multiplier of 3.7, more than double the score for western economies, translating to a more attractive environment for IPO markets.
“Interestingly, Saudi Arabia is the only other country alongside China set to improve its resilience by opening the economy to external capital and the aftermath of oil shocks with Russia,” concludes Paschoal.
— BERNAMA
Thursday 23 April 2020
NGA partners Vricon on agreement to explore 3D data exploitation
KUALA LUMPUR, April 22 -- Vricon has announced that the National Geospatial-Intelligence Agency (NGA) signed a Cooperative Research and Development Agreement (CRADA) to explore and potentially improve 3D data exploitation.
CRADA is a written agreement that allows federal agencies and non-federal partners to optimise their resources, share technical expertise and intellectual property and increase the commercialisation of federally developed technology.
Simply put, NGA and Vricon will pursue joint research and development goals to benefit both organisations under an agreement that poses no additional costs to the government.
“One of the critical pieces of the CRADA will be our ability to support core NGA functions. We believe this will lead to better fulfillment of the warfighter’s data requirements,” said Vricon’s Technology Evangelist, Barry Tilton.
The CRADA officially starts in April 2020 and could last up to five years, according to a statement.
Vricon serves the global professional geospatial market with world-leading 3D geodata and software solutions. More details at www.vricon.com.
-- BERNAMA
CRADA is a written agreement that allows federal agencies and non-federal partners to optimise their resources, share technical expertise and intellectual property and increase the commercialisation of federally developed technology.
Simply put, NGA and Vricon will pursue joint research and development goals to benefit both organisations under an agreement that poses no additional costs to the government.
“One of the critical pieces of the CRADA will be our ability to support core NGA functions. We believe this will lead to better fulfillment of the warfighter’s data requirements,” said Vricon’s Technology Evangelist, Barry Tilton.
The CRADA officially starts in April 2020 and could last up to five years, according to a statement.
Vricon serves the global professional geospatial market with world-leading 3D geodata and software solutions. More details at www.vricon.com.
-- BERNAMA
Wednesday 22 April 2020
Saturday 18 April 2020
AM Best Affirms Credit Ratings Of Partners Life Limited
SINGAPORE, April 17 (Bernama-BUSINESS WIRE) -- AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Partners Life Limited (Partners Life) (New Zealand). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect Partners Life’s balance sheet strength, which AM Best categorises as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
Partners Life’s balance sheet strength assessment is supported by its risk-adjusted capitalisation, which is expected to remain at the strongest level over the medium term, as measured by Best’s Capital Adequacy Ratio (BCAR). AM Best also views Partners Life as having strong financial flexibility, as demonstrated by a track record of capital contributions from shareholders to support planned new business growth. Partners Life’s regulatory solvency has demonstrated some sensitivity to growth initiatives over recent years; however, AM Best expects prospective regulatory solvency to remain at a robust level over the medium term, supported by timely capital support from shareholders and full earnings retention. A partially offsetting balance sheet factor remains the company’s high reliance on reinsurance for risk transfer and upfront commission financing.
Partners Life has a track record of adequate operating performance, with a five-year average return-on-equity ratio of 10.6% (fiscal-years 2015-2019). The company’s positive operating results have been driven by the favourable underwriting performance of its in-force life business, coupled with robust investment returns. Nonetheless, operating profitability remains sensitive to prevailing market conditions in New Zealand, which have caused some volatility in claims experience in recent periods. Prospectively, AM Best expects controlled underwriting growth and robust pricing strategies to support the maintenance of Partners Life’s adequate operating performance.
The ratings reflect Partners Life’s balance sheet strength, which AM Best categorises as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
Partners Life’s balance sheet strength assessment is supported by its risk-adjusted capitalisation, which is expected to remain at the strongest level over the medium term, as measured by Best’s Capital Adequacy Ratio (BCAR). AM Best also views Partners Life as having strong financial flexibility, as demonstrated by a track record of capital contributions from shareholders to support planned new business growth. Partners Life’s regulatory solvency has demonstrated some sensitivity to growth initiatives over recent years; however, AM Best expects prospective regulatory solvency to remain at a robust level over the medium term, supported by timely capital support from shareholders and full earnings retention. A partially offsetting balance sheet factor remains the company’s high reliance on reinsurance for risk transfer and upfront commission financing.
Partners Life has a track record of adequate operating performance, with a five-year average return-on-equity ratio of 10.6% (fiscal-years 2015-2019). The company’s positive operating results have been driven by the favourable underwriting performance of its in-force life business, coupled with robust investment returns. Nonetheless, operating profitability remains sensitive to prevailing market conditions in New Zealand, which have caused some volatility in claims experience in recent periods. Prospectively, AM Best expects controlled underwriting growth and robust pricing strategies to support the maintenance of Partners Life’s adequate operating performance.
http://mrem.bernama.com/viewsm.php?idm=37180
Epiq Contract Analysis combines expertise with machine learning, natural language processing
KUALA LUMPUR, April 17 -- Epiq has announced the expansion of its artificial intelligence (AI)-enabled legal solutions to include Contract Analysis, offering combined expertise with machine learning and natural language processing.
According to a statement by the global leader in the legal services industry, the new global Contract Analysis will enable faster, more intelligent contract analysis by legal teams, with the ability to supplement and scale with experienced Epiq team members.
The platform does not take the human component out of contract analysis, but it can make those humans faster and more effective, reducing overall costs by as much as 50 per cent.
Epiq is leveraging Diligen for the machine learning portion of the platform to provide high quality and efficient contract analysis through its ability to ingest, review and pinpoint data in hundreds of contracts within minutes.
Epiq’s highly experienced teams manage the review, provide scale when needed, define quality control, extract clauses requiring manual intervention, and provide detailed reporting and metrics about client contracts.
Additional applications for this new platform include helping legal teams analyse contracts for compliance with new laws and regulations, creating a lease catalogue, exporting essential contract characteristics for loading into a Contract Lifecycle Management system and preparing for the elimination of LIBOR clauses.
More details at https://www.epiqglobal.com
-- BERNAMA
According to a statement by the global leader in the legal services industry, the new global Contract Analysis will enable faster, more intelligent contract analysis by legal teams, with the ability to supplement and scale with experienced Epiq team members.
The platform does not take the human component out of contract analysis, but it can make those humans faster and more effective, reducing overall costs by as much as 50 per cent.
Epiq is leveraging Diligen for the machine learning portion of the platform to provide high quality and efficient contract analysis through its ability to ingest, review and pinpoint data in hundreds of contracts within minutes.
Epiq’s highly experienced teams manage the review, provide scale when needed, define quality control, extract clauses requiring manual intervention, and provide detailed reporting and metrics about client contracts.
Additional applications for this new platform include helping legal teams analyse contracts for compliance with new laws and regulations, creating a lease catalogue, exporting essential contract characteristics for loading into a Contract Lifecycle Management system and preparing for the elimination of LIBOR clauses.
More details at https://www.epiqglobal.com
-- BERNAMA
AM BEST AFFIRMS CREDIT RATINGS OF SHINKONG INSURANCE COMPANY LIMITED
HONG KONG, April 17 (Bernama-BUSINESS WIRE) -- AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Shinkong Insurance Company Limited (Shinkong Insurance) (Taiwan). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect Shinkong Insurance’s balance sheet strength, which AM Best categorises as very strong, as well as its adequate operating performance, favorable business profile and appropriate enterprise risk management.
Shinkong Insurance’s risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), remained at a robust level in 2019, underpinned by profit retention, an accumulation of special reserves, the company’s conservative investment strategy and a prudent reinsurance arrangement with relatively low reinsurance dependency.
The company’s operating performance continues to be supported by positive underwriting results and a profitable investment portfolio. The company’s claims experience deteriorated slightly in 2019, while its investment income from interest and dividends remains stable and supportive of the overall operating results. Notwithstanding, the company has taken a more prudent approach toward its investment performance projections in view of the heightened capital market volatility and low interest rate environment.
http://mrem.bernama.com/viewsm.php?idm=37182
The ratings reflect Shinkong Insurance’s balance sheet strength, which AM Best categorises as very strong, as well as its adequate operating performance, favorable business profile and appropriate enterprise risk management.
Shinkong Insurance’s risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), remained at a robust level in 2019, underpinned by profit retention, an accumulation of special reserves, the company’s conservative investment strategy and a prudent reinsurance arrangement with relatively low reinsurance dependency.
The company’s operating performance continues to be supported by positive underwriting results and a profitable investment portfolio. The company’s claims experience deteriorated slightly in 2019, while its investment income from interest and dividends remains stable and supportive of the overall operating results. Notwithstanding, the company has taken a more prudent approach toward its investment performance projections in view of the heightened capital market volatility and low interest rate environment.
http://mrem.bernama.com/viewsm.php?idm=37182
Friday 17 April 2020
K3 CLOUD SERVICES ACHIEVES SECURE SEGMENTATION ACROSS NETWORK ENVIRONMENTS WITH HILLSTONE CLOUDHIVE
SANTA CLARA, Calif. April 16 (Bernama-BUSINESS WIRE) -- Hillstone Networks, a leading provider of Enterprise Network Security and Risk Management solutions, provides virtual micro-segmentation technology to K3 Cloud Services to secure its cloud network and deliver secure services with Hillstone CloudHive.
K3 Cloud Services is a UK-based managed service provider (MSP) that offers first-class business technology solutions for domestic and international customers. The K3 Cloud offers both hosted and managed private cloud solutions, including Infrastructure as a Service (IaaS), Platform as a Service (PaaS) and Software as a Service (SaaS).
The shared nature of virtual private clouds presents many challenges. Each individual customer environment hosts its own sensitive data and applications, while the K3 Cloud hosts horizontal applications that are shared across multiple customers. In order to ensure the highest levels of security, customer environments and shared applications must be segmented and separate.
After extensive research for a solution, the K3 Cloud Services team ultimately chose Hillstone CloudHive, which secures and protects each virtual machine (VM) in a cloud environment. Hillstone CloudHive Micro-Segmentation solution provides granular visibility into east-west traffic to defend against lateral attacks, is easily scalable, and is transparent to users and network devices. CloudHive enforces Zero Trust across environments, allowing the K3 cloud team to safely segment vulnerable applications from other systems, and gain visibility and control in their cloud.
K3 Cloud Services is a UK-based managed service provider (MSP) that offers first-class business technology solutions for domestic and international customers. The K3 Cloud offers both hosted and managed private cloud solutions, including Infrastructure as a Service (IaaS), Platform as a Service (PaaS) and Software as a Service (SaaS).
The shared nature of virtual private clouds presents many challenges. Each individual customer environment hosts its own sensitive data and applications, while the K3 Cloud hosts horizontal applications that are shared across multiple customers. In order to ensure the highest levels of security, customer environments and shared applications must be segmented and separate.
After extensive research for a solution, the K3 Cloud Services team ultimately chose Hillstone CloudHive, which secures and protects each virtual machine (VM) in a cloud environment. Hillstone CloudHive Micro-Segmentation solution provides granular visibility into east-west traffic to defend against lateral attacks, is easily scalable, and is transparent to users and network devices. CloudHive enforces Zero Trust across environments, allowing the K3 cloud team to safely segment vulnerable applications from other systems, and gain visibility and control in their cloud.
Thursday 16 April 2020
MEI Pharma, Kyowa Kirin enter global licence, development, commercialisation agreement for ME-401
KUALA LUMPUR, April 15 -- MEI Pharma Inc and Kyowa Kirin Co Ltd have entered into a global licence, development and commercialisation agreement to further develop and commercialise MEI’s ME-401.
According to a statement, ME-401 is an oral, once-daily, investigational drug-candidate, selective for phosphatidylinositol 3-kinase delta (PI3Kδ), in clinical development for the treatment of B-cell malignancies.
Both companies will co-develop and co-promote ME-401 in the United States (US), with MEI booking all revenue from US sales. Kyowa Kirin has exclusive commercialisation rights outside of the US.
Under the terms of the agreement, MEI will receive a US$100 million upfront payment from Kyowa Kirin. MEI is also eligible to receive up to US$582.5 million in additional payments from Kyowa Kirin, depending on the achievement of certain US and ex-US development, regulatory and commercial milestones. (US$1 = RM4.322)
MEI and Kyowa Kirin will share US profits and costs (including development costs) on a 50-50 basis.
ME-401 is being studied in the ongoing Phase 2 TIDAL clinical trial evaluating patients with relapsed or refractory follicular lymphoma which, subject to results, may support an accelerated approval of a marketing application with the US Food and Drug Administration.
-- BERNAMA
According to a statement, ME-401 is an oral, once-daily, investigational drug-candidate, selective for phosphatidylinositol 3-kinase delta (PI3Kδ), in clinical development for the treatment of B-cell malignancies.
Both companies will co-develop and co-promote ME-401 in the United States (US), with MEI booking all revenue from US sales. Kyowa Kirin has exclusive commercialisation rights outside of the US.
Under the terms of the agreement, MEI will receive a US$100 million upfront payment from Kyowa Kirin. MEI is also eligible to receive up to US$582.5 million in additional payments from Kyowa Kirin, depending on the achievement of certain US and ex-US development, regulatory and commercial milestones. (US$1 = RM4.322)
MEI and Kyowa Kirin will share US profits and costs (including development costs) on a 50-50 basis.
ME-401 is being studied in the ongoing Phase 2 TIDAL clinical trial evaluating patients with relapsed or refractory follicular lymphoma which, subject to results, may support an accelerated approval of a marketing application with the US Food and Drug Administration.
-- BERNAMA
EMQ Delivers Enhanced Cross-border Payment Capabilities to SMEs and Payment Service Providers in Singapore
HONG KONG & SINGAPORE, April 15 (Bernama-BUSINESS WIRE) -- EMQ, a global financial settlement network, announced today that it has significantly augmented its cross-border payment capabilities to address the inefficiencies in international payments for businesses in Singapore. The company recently renewed its Major Payment Institution license by the Monetary Authority of Singapore (MAS), empowering businesses to send and receive money between Singapore and over 80 key markets worldwide.
“Singapore is an economic powerhouse and a major gateway for cross-border trades across Southeast Asia, where SMEs and payment service providers (PSPs) will require a network infrastructure with greater speed, more certainty, increased flexibility and transparency, to capitalize on the growth opportunities in Asia and beyond,” said Max Liu, co-founder and CEO of EMQ. “With our newly renewed license by MAS and an integrated cross-border solution, we are well poised to offer Singapore’s diverse customer base secure, seamless global access to the rapidly growing payment ecosystem.”
Powered by EMQ’s global financial settlement network, start-ups, PSPs and SMEs in Singapore are able to make and receive payments quickly and transparently to and from over 80 key global markets, as well as instant access to Singapore’s Fast and Secure Transfers (FAST) network. EMQ’s Connect API uses a scalable technology to enable efficient cross-border transactions with greater transparency and certainty. Our API driven platform with built-in redundancies is designed to meet the needs of businesses with high transaction volumes, enabling them to customize their workflows for a seamless user experience.
“With a keen focus on providing more reliable and streamlined B2B and B2C cross-border transactions, we continue to invest significantly towards constant innovation of our cross-border solutions and compliance capabilities for today’s businesses,” Liu added.
With a network infrastructure spanning globally across four continents, EMQ is currently licensed in Hong Kong, Singapore, Indonesia and registered as a Money Service Business in Canada. The company was accepted into Taiwan’s Regulatory Sandbox by the Financial Supervisory Commission in Taiwan.
http://mrem.bernama.com/viewsm.php?idm=37158
“Singapore is an economic powerhouse and a major gateway for cross-border trades across Southeast Asia, where SMEs and payment service providers (PSPs) will require a network infrastructure with greater speed, more certainty, increased flexibility and transparency, to capitalize on the growth opportunities in Asia and beyond,” said Max Liu, co-founder and CEO of EMQ. “With our newly renewed license by MAS and an integrated cross-border solution, we are well poised to offer Singapore’s diverse customer base secure, seamless global access to the rapidly growing payment ecosystem.”
Powered by EMQ’s global financial settlement network, start-ups, PSPs and SMEs in Singapore are able to make and receive payments quickly and transparently to and from over 80 key global markets, as well as instant access to Singapore’s Fast and Secure Transfers (FAST) network. EMQ’s Connect API uses a scalable technology to enable efficient cross-border transactions with greater transparency and certainty. Our API driven platform with built-in redundancies is designed to meet the needs of businesses with high transaction volumes, enabling them to customize their workflows for a seamless user experience.
“With a keen focus on providing more reliable and streamlined B2B and B2C cross-border transactions, we continue to invest significantly towards constant innovation of our cross-border solutions and compliance capabilities for today’s businesses,” Liu added.
With a network infrastructure spanning globally across four continents, EMQ is currently licensed in Hong Kong, Singapore, Indonesia and registered as a Money Service Business in Canada. The company was accepted into Taiwan’s Regulatory Sandbox by the Financial Supervisory Commission in Taiwan.
http://mrem.bernama.com/viewsm.php?idm=37158
Wednesday 15 April 2020
swIDch unveils alternative technology to overcome numberless card limitations for payment
 |
| A UK cybersecurity startup, swIDch, announced an alternative technology to overcome the limitations of numberless cards by using its Dynamic Virtual PAN (primary account number) technology, thereby creating a new security environment in the payment process. This patented technology is a complete API-driven, CNP security solution that replaces static with dynamic PANs as well as eliminating access points for hackers. (Graphic: Business Wire) |
KUALA LUMPUR, April 14 -- Cybersecurity startup, swIDch has announced an alternative technology to overcome limitations of numberless cards by using dynamic primary account number (PANs), thereby creating a new security environment in payment process.
According to a statement, eliminating numbers on payment cards increases security if customers lose their card. However, hackers can exploit weaknesses through online payments.
Numberless cards appear to be a new trend in finance combined with substantial growth of e-wallet services, with the purpose of numberless cards aimed at increasing security.
It reduces the risk of personal information loss when the card falls into the wrong hands. However, when it comes to online payments, customers’ credentials are still at risk of being targeted for Card Not Present (CNP) fraud.
swIDch has introduced Dynamic Virtual PAN technology for businesses offering a numberless cards solution. This patented technology is a complete API-driven, CNP security solution that replaces static with dynamic PANs, as well as eliminating access points for hackers.
The company is also developing biometrically enabled ‘Digital display cards’ that show a dynamic card number for authentication with no battery and instead, uses an energy harvesting system to draw power from NFC devices. It plans to launch the new digital cards in June with the collaboration of card manufacturers.
-- BERNAMA
Tuesday 14 April 2020
Fusionex And Heriot-Watt University Sign MoU To Nurture Future Talent
LONDON, April 13 (Bernama-BUSINESS WIRE) -- Leading multi award-winning data technology specialist Fusionex signed a Memorandum of Understanding (MoU) with Heriot-Watt, a prestigious leading UK university, to embark on a strategic collaboration that will enable the exchange of invaluable industry knowledge, insights and expertise between the parties.
The MoU was signed by key representatives of each organization, namely Mr. Chen Keat Ming, Vice President from Fusionex and Professor Mushtak Al-Atabi, Provost and Chief Executive Officer of Heriot-Watt University.
This partnership will see Fusionex also providing employment and internship opportunities to graduates of the university’s data science program, as well as setting up a scholarship and other programs for outstanding students. Other areas of cooperation include joint consultancy activities in various academic and professional fields, joint organization of data science-related events and providing mentorship to scholars of the university.
The MoU is in line with Fusionex’s endeavour to nurture a new generation of data scientists, analysts and engineers who are fully-equipped to meet the growing demands of the technology landscape, both now and in the future. Furthermore, Fusionex’s expertise in data technology will empower students with the knowledge and skills to explore different pathways to create more innovations and breakthroughs in the industry.
“In today’s world, cutting-edge innovations in digital technology plays a huge role in the way people work and play. As such, Fusionex is honored to be partnering with Heriot-Watt University to cultivate a future workforce that is not only highly sought after by organizations, but also adept at dealing with any challenge and solving problems. We hope this cooperation will serve as a motivation for the university’s students to excel, thus, creating the next generation of brilliant innovators and data technology prodigies,” said Fusionex Group CEO Dato’ Seri Ivan Teh.
http://mrem.bernama.com/viewsm.php?idm=37144
The MoU was signed by key representatives of each organization, namely Mr. Chen Keat Ming, Vice President from Fusionex and Professor Mushtak Al-Atabi, Provost and Chief Executive Officer of Heriot-Watt University.
This partnership will see Fusionex also providing employment and internship opportunities to graduates of the university’s data science program, as well as setting up a scholarship and other programs for outstanding students. Other areas of cooperation include joint consultancy activities in various academic and professional fields, joint organization of data science-related events and providing mentorship to scholars of the university.
The MoU is in line with Fusionex’s endeavour to nurture a new generation of data scientists, analysts and engineers who are fully-equipped to meet the growing demands of the technology landscape, both now and in the future. Furthermore, Fusionex’s expertise in data technology will empower students with the knowledge and skills to explore different pathways to create more innovations and breakthroughs in the industry.
“In today’s world, cutting-edge innovations in digital technology plays a huge role in the way people work and play. As such, Fusionex is honored to be partnering with Heriot-Watt University to cultivate a future workforce that is not only highly sought after by organizations, but also adept at dealing with any challenge and solving problems. We hope this cooperation will serve as a motivation for the university’s students to excel, thus, creating the next generation of brilliant innovators and data technology prodigies,” said Fusionex Group CEO Dato’ Seri Ivan Teh.
http://mrem.bernama.com/viewsm.php?idm=37144
Friday 10 April 2020
Symphony Health offers 30-day free access to Metys™ COVID-19 Module for US life sciences industry
KUALA LUMPUR, April 9 -- Symphony Health, a PRA Health Sciences company, will make a 30-day licence of its newly-released Metys™ COVID-19 Module available to the United States (US) life sciences industry, for free.
According to a statement, the COVID-19 Module will provide up to three users per company with access to all drugs and markets within any US geographic region down to the core-based statistical area.
The module will include history back to October 2018 to ensure access to comparative flu season trends in prior years, with March 2020 data becoming available on April 10.
Companies may publish or report insights or findings from the data with prior permission from Symphony.
Powered by Symphony’s IDV® (Integrated Dataverse), Metys is the first platform of its kind that delivers pharmaceutical market analytics and intelligence that is both timely and comprehensive.
Metys is a web-based tool that intelligently integrates prescription, payer and anonymised patient data via one single access point — all while delivering insights faster than any other tool in the industry.
Metys accesses over 60 terabytes of automatically included weekly and monthly data, reflecting the breadth of data and advancements in machine learning.
Symphony Health president, Doug Fulling said: “As we mobilise to fight COVID-19, those in life sciences can use the data and insights available to see trends, to react quickly and then plan for the future.”
“We are hoping this level of insight from one of the most robust databases in the US market benefits not only our clients and their patients, but also society as a whole.”
-- BERNAMA
According to a statement, the COVID-19 Module will provide up to three users per company with access to all drugs and markets within any US geographic region down to the core-based statistical area.
The module will include history back to October 2018 to ensure access to comparative flu season trends in prior years, with March 2020 data becoming available on April 10.
Companies may publish or report insights or findings from the data with prior permission from Symphony.
Powered by Symphony’s IDV® (Integrated Dataverse), Metys is the first platform of its kind that delivers pharmaceutical market analytics and intelligence that is both timely and comprehensive.
Metys is a web-based tool that intelligently integrates prescription, payer and anonymised patient data via one single access point — all while delivering insights faster than any other tool in the industry.
Metys accesses over 60 terabytes of automatically included weekly and monthly data, reflecting the breadth of data and advancements in machine learning.
Symphony Health president, Doug Fulling said: “As we mobilise to fight COVID-19, those in life sciences can use the data and insights available to see trends, to react quickly and then plan for the future.”
“We are hoping this level of insight from one of the most robust databases in the US market benefits not only our clients and their patients, but also society as a whole.”
-- BERNAMA
Thursday 9 April 2020
Sun Hung Kai Properties Insurance Limited has excellent Credit Ratings - AM Best
KUALA LUMPUR, April 8 -- Global credit rating agency, AM Best has affirmed the Financial Strength Rating of A (excellent) and the Long-Term Issuer Credit Rating of ‘a’ of Sun Hung Kai Properties Insurance Limited (SHKPI) Hong Kong.
The outlook of these Credit Ratings is stable. The ratings reflect SHKPI’s balance sheet strength, which AM Best categorised as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
SHKPI’s balance sheet strength is underpinned by its risk-adjusted capitalisation being at the strongest level, as measured by Best’s Capital Adequacy Ratio. This result mainly reflects its strong liquidity, high quality of capital and appropriate reinsurance programme.
However, SHKPI’s investment portfolio shows an appetite to invest in higher-risk assets, which exposes its overall earnings to considerable market and credit risks. These risks are mitigated partially by the company’s significant level of excess capital.
SHKPI’s strong operating performance, demonstrated by a five-year weighted average return on equity of 18 per cent, has been driven by solid underwriting results and consistent investment returns, according to a statement.
SHKPI’s business profile is neutral, due in part to its affiliation with Sun Hung Kai Properties Limited, one of the largest and most well-established property development and investment conglomerates in Hong Kong.
The stable outlooks reflect AM Best’s expectation that SHKPI’s operating performance will remain at a strong level, underpinned mainly by its continued focus on profitable underwriting, low acquisition costs and positive investment returns.
-- BERNAMA
The outlook of these Credit Ratings is stable. The ratings reflect SHKPI’s balance sheet strength, which AM Best categorised as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
SHKPI’s balance sheet strength is underpinned by its risk-adjusted capitalisation being at the strongest level, as measured by Best’s Capital Adequacy Ratio. This result mainly reflects its strong liquidity, high quality of capital and appropriate reinsurance programme.
However, SHKPI’s investment portfolio shows an appetite to invest in higher-risk assets, which exposes its overall earnings to considerable market and credit risks. These risks are mitigated partially by the company’s significant level of excess capital.
SHKPI’s strong operating performance, demonstrated by a five-year weighted average return on equity of 18 per cent, has been driven by solid underwriting results and consistent investment returns, according to a statement.
SHKPI’s business profile is neutral, due in part to its affiliation with Sun Hung Kai Properties Limited, one of the largest and most well-established property development and investment conglomerates in Hong Kong.
The stable outlooks reflect AM Best’s expectation that SHKPI’s operating performance will remain at a strong level, underpinned mainly by its continued focus on profitable underwriting, low acquisition costs and positive investment returns.
-- BERNAMA
Wednesday 8 April 2020
WOLTERS KLUWER AND VIZOR SOFTWARE ANNOUNCE REGULATORY REPORTING PARTNERSHIP FOR SINGAPORE MARKET
SINGAPORE, April 7 (Bernama-BUSINESS WIRE) -- Wolters Kluwer’s Finance, Risk & Reporting (FRR) business and Vizor Software, today announced a partnership for the Singapore market that will increase the quality of regulatory reporting while reducing the time and effort required in regulatory compliance. Using the Vizor Reporting API, Wolters Kluwer’s OneSumX for Regulatory Reporting will now automatically consume published machine-readable regulatory rules and data models directly from Singapore’s regulatory system.
OneSumX for Regulatory Reporting will automatically integrate these specifications into its Financial Institution (FI) template solutions. This seamless alignment between the regulator and financial institution systems will facilitate an on-time and high-quality submission of regulatory reports, while also reducing the cost and effort associated with new or changing reporting requirements.
OneSumX for Regulatory Reporting combines bank data into a single source of data to ensure consistency, ease of reconciliation and accuracy. It includes access to Wolters Kluwer’s unique Regulatory Update Service which is maintained by Wolters Kluwer experts who actively monitor regulation in 30 countries. In July 2019 Wolters Kluwer announced the launch of its software-as-a-service (SaaS) Regulatory Reporting solution, marking the first time that the company’s OneSumX regulatory software has been made available on the cloud.
http://mrem.bernama.com/viewsm.php?idm=37112
OneSumX for Regulatory Reporting will automatically integrate these specifications into its Financial Institution (FI) template solutions. This seamless alignment between the regulator and financial institution systems will facilitate an on-time and high-quality submission of regulatory reports, while also reducing the cost and effort associated with new or changing reporting requirements.
OneSumX for Regulatory Reporting combines bank data into a single source of data to ensure consistency, ease of reconciliation and accuracy. It includes access to Wolters Kluwer’s unique Regulatory Update Service which is maintained by Wolters Kluwer experts who actively monitor regulation in 30 countries. In July 2019 Wolters Kluwer announced the launch of its software-as-a-service (SaaS) Regulatory Reporting solution, marking the first time that the company’s OneSumX regulatory software has been made available on the cloud.
http://mrem.bernama.com/viewsm.php?idm=37112
Tuesday 7 April 2020
Malaysia’s Energas has stable credit ratings outlook – AM Best
KUALA LUMPUR, April 6 — AM Best has affirmed the Financial Strength Rating of A (excellent) and the Long-Term Issuer Credit Rating of ‘a’ of Energas Insurance (L) Limited (Energas) Malaysia.
The United States-based global credit rating agency in a statement said, the outlook of these ratings was stable.
These ratings reflect Energas’ balance sheet strength, which AM Best described as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
The United States-based global credit rating agency in a statement said, the outlook of these ratings was stable.
These ratings reflect Energas’ balance sheet strength, which AM Best described as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
In addition, the ratings include a neutral impact from the company’s 100 per cent ownership by and integration with Petroliam Nasional Bhd (Petronas), which is ultimately owned by the Government of Malaysia.
The company’s risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio, remains at the strongest level, supported by Energas’ low underwriting leverage, conservative investment strategy and strong liquidity.
Despite experiencing volatility in its claims ratio, the company’s underwriting results remain strong, as demonstrated by a five-year average combined ratio of 53 per cent (2014-2018).
This performance has been supported by low operating costs and favourable commission income.
Nonetheless, a prolonged downturn in the global oil market could lead to a reduction in capital spending by Energas’ parent company, Petronas. As a result, Energas may face a decline in premium volume, which could put pressure on the company’s future operating results.
Energas is a pure captive of Petronas. The company underwrites mainly on- and offshore engineering, as well as marine and property risks for its parent and affiliated companies.
— BERNAMA
The company’s risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio, remains at the strongest level, supported by Energas’ low underwriting leverage, conservative investment strategy and strong liquidity.
Despite experiencing volatility in its claims ratio, the company’s underwriting results remain strong, as demonstrated by a five-year average combined ratio of 53 per cent (2014-2018).
This performance has been supported by low operating costs and favourable commission income.
Nonetheless, a prolonged downturn in the global oil market could lead to a reduction in capital spending by Energas’ parent company, Petronas. As a result, Energas may face a decline in premium volume, which could put pressure on the company’s future operating results.
Energas is a pure captive of Petronas. The company underwrites mainly on- and offshore engineering, as well as marine and property risks for its parent and affiliated companies.
— BERNAMA
Boyden adds Stones International, expands Hong Kong, China, Singapore presence
KUALA LUMPUR, April 6 -- Boyden, a premier global talent and leadership advisory firm has announced that executive search and leadership advisory firm, Stones International has joined the organisation.
According to a statement, the addition significantly expands Boyden’s presence in Hong Kong, China and Singapore. The new team will be led by Managing Partners Giuseppe Milito and Neil Morrison.
The 17-member team includes 12 partners and principals with expertise that aligns with Boyden’s Global Practices in Financial Services, Consumer & Retail, Industrial, Technology, Professional Services and Healthcare & Life Sciences, further ramping up its regional leadership position in these sectors.
Milito has two decades of experience in executive search and leadership consulting, during which he co-founded Stones International with Morrison and subsequently, served as global practice leader for the consumer & retail industry at another firm.
Morrison has extensive experience in executive search and leadership consulting, with deep focus in logistics and transportation. He has held senior management roles in global organisations including DHL.
In Singapore, the new team will be led by Managing Partner Mirko Petrelli supported by Partner Ivan Lim and Principal Krista Espaldon.
In Hong Kong, the team includes Partners Victor Filamor, Isabella Tan, Caroline Lim and Kong To and Petra Owusu serves as the Principal for leadership consulting and advisory services. Partners Ami Bhatt Hardy and Reid Wang will remain with Boyden China, joining the new team.
More details at www.boyden.com.
-- BERNAMA
According to a statement, the addition significantly expands Boyden’s presence in Hong Kong, China and Singapore. The new team will be led by Managing Partners Giuseppe Milito and Neil Morrison.
The 17-member team includes 12 partners and principals with expertise that aligns with Boyden’s Global Practices in Financial Services, Consumer & Retail, Industrial, Technology, Professional Services and Healthcare & Life Sciences, further ramping up its regional leadership position in these sectors.
Milito has two decades of experience in executive search and leadership consulting, during which he co-founded Stones International with Morrison and subsequently, served as global practice leader for the consumer & retail industry at another firm.
Morrison has extensive experience in executive search and leadership consulting, with deep focus in logistics and transportation. He has held senior management roles in global organisations including DHL.
In Singapore, the new team will be led by Managing Partner Mirko Petrelli supported by Partner Ivan Lim and Principal Krista Espaldon.
In Hong Kong, the team includes Partners Victor Filamor, Isabella Tan, Caroline Lim and Kong To and Petra Owusu serves as the Principal for leadership consulting and advisory services. Partners Ami Bhatt Hardy and Reid Wang will remain with Boyden China, joining the new team.
More details at www.boyden.com.
-- BERNAMA
Sunday 5 April 2020
Telos Corporation-ST Engineering partnership to deliver cybersecurity, GRC solutions in Asia, Middle East
KUALA LUMPUR, April 3 -- Telos® Corporation, a cyber, cloud and enterprise security solutions provider and ST Engineering, a global technology, defence and engineering group have signed an agreement to extend availability of critical cybersecurity and governance, risk and compliance (GRC) management solutions into Asia and the Middle East.
“Our strategic partnership with ST Engineering will allow new customers throughout Asia and the Middle East to enjoy the same security and efficiency benefits our solutions provide to the rest of our customers,” said Telos chief executive officer and chairman, John B. Wood.
Meanwhile, ST Engineering Electronics president, Ravinder Singh said the strategic partnership with Telos would incorporate Telos Ghost and Xacta capabilities into their enhanced suite of cloud cybersecurity offerings.
Deployed at some of the world’s most security-conscious organisations, Xacta is the enterprise, cloud and hybrid cloud solution for cyber risk management and compliance automation, helping to meet the complex challenges of managing IT risk.
Telos Ghost is a patented system sold as a service for private, secure and anonymous operations on the Internet. It keeps mission critical data and communications hidden from adversaries and safe from intrusion while doing business, sharing intelligence and assessing cyber threats online.
More details at www.telos.com.
-- BERNAMA
“Our strategic partnership with ST Engineering will allow new customers throughout Asia and the Middle East to enjoy the same security and efficiency benefits our solutions provide to the rest of our customers,” said Telos chief executive officer and chairman, John B. Wood.
Meanwhile, ST Engineering Electronics president, Ravinder Singh said the strategic partnership with Telos would incorporate Telos Ghost and Xacta capabilities into their enhanced suite of cloud cybersecurity offerings.
Deployed at some of the world’s most security-conscious organisations, Xacta is the enterprise, cloud and hybrid cloud solution for cyber risk management and compliance automation, helping to meet the complex challenges of managing IT risk.
Telos Ghost is a patented system sold as a service for private, secure and anonymous operations on the Internet. It keeps mission critical data and communications hidden from adversaries and safe from intrusion while doing business, sharing intelligence and assessing cyber threats online.
More details at www.telos.com.
-- BERNAMA
China's Hainan offers over 30,000 global talent positions
KUALA LUMPUR, April 2 -- Hainan, the southern Chinese island province will offer over 30,000 positions to global talent, promoting free trade port construction.
The job openings are provided by the government, public service sector, state-owned enterprises, and private enterprises which involve fields including the modern service industry, tourism and high-tech industry.
There are 1,717 senior positions with an annual salary of 300,000 yuan (about US$42,301) or more and 59 top positions with at least one million yuan annual salary, mainly in education, medical treatment and tourism.
According to a statement by the Hainan Free Trade Port Investment and Talent Network, the recruitment involves 470 positions for international talents, mainly in foreign language teaching, aviation industry and hotel management.
The deadline for online registration is April 30. Visit https://www.contacthainan.gov.cn/ or call 400-885-9898.
-- BERNAMA
The job openings are provided by the government, public service sector, state-owned enterprises, and private enterprises which involve fields including the modern service industry, tourism and high-tech industry.
There are 1,717 senior positions with an annual salary of 300,000 yuan (about US$42,301) or more and 59 top positions with at least one million yuan annual salary, mainly in education, medical treatment and tourism.
According to a statement by the Hainan Free Trade Port Investment and Talent Network, the recruitment involves 470 positions for international talents, mainly in foreign language teaching, aviation industry and hotel management.
The deadline for online registration is April 30. Visit https://www.contacthainan.gov.cn/ or call 400-885-9898.
-- BERNAMA
Saturday 4 April 2020
LARGEST STATISTICALLY SIGNIFICANT STUDY BY 6,200 MULTI-COUNTRY PHYSICIANS ON COVID-19 UNCOVERS TREATMENT PATTERNS AND PUTS PANDEMIC IN CONTEXT
Sermo Reports on Hydroxychloroquine Efficacy, Rise in Prophylaxis Use; Over 80% Expect 2nd Outbreak
NEW YORK, April 3 (Bernama-BUSINESS WIRE) -- Widespread confusion, conflicting reports, inconsistent testing, and off-indication use of existing and experimental drugs has resulted in no single source of information from the frontlines. To create a centralized and dynamic knowledge base, Sermo, the largest global healthcare polling company and social platform for physicians, leveraged its capabilities to publish results of a COVID-19 study with more than 6,200 physicians in 30 countries. The study was completed in three days. Data covers current treatment and prophylaxis options, timing to the outbreak peak, ethical choices, effectiveness of government responses, and much more. Multiple study waves including a deeper dive into treatments will be conducted over the next several weeks. To view results and countries visit sermo.com.
http://mrem.bernama.com/viewsm.php?idm=37096
NEW YORK, April 3 (Bernama-BUSINESS WIRE) -- Widespread confusion, conflicting reports, inconsistent testing, and off-indication use of existing and experimental drugs has resulted in no single source of information from the frontlines. To create a centralized and dynamic knowledge base, Sermo, the largest global healthcare polling company and social platform for physicians, leveraged its capabilities to publish results of a COVID-19 study with more than 6,200 physicians in 30 countries. The study was completed in three days. Data covers current treatment and prophylaxis options, timing to the outbreak peak, ethical choices, effectiveness of government responses, and much more. Multiple study waves including a deeper dive into treatments will be conducted over the next several weeks. To view results and countries visit sermo.com.
http://mrem.bernama.com/viewsm.php?idm=37096
Friday 3 April 2020
ABC TECHNOLOGY NAMED ON IDC'S 101 FAST GROWING APAC FINTECH LIST
SINGAPORE, April 2 (Bernama-BUSINESS WIRE) -- Fintech startup ABC Technology today announced its recognition by research firm IDC as among the 101 fastest growing fintech companies in the Asia-Pacific region (excluding Japan).
The IDC FinTech Fast 101 List names the fastest growing fintech players based on extensive on-ground analysis of the dominant fintech players within the region. Fintech companies were evaluated on fintech data across key metrics such as addressable market, customer adoption, investments, chance of survival, innovation, and marketing.
The list covers 10 major markets – Australia and New Zealand, China, Hong Kong, India, Indonesia, Malaysia, Philippines, Singapore, South Korea, and Thailand.
“We are humbled and honoured to receive this recognition from IDC. It shows that our deep learning-based solution is being embraced and adopted quickly by the market, especially by forward-looking organisations that leverage leading technologies to stride ahead. The listing is also a testimony of our proven work with our customers,” said Mason Yang, Founder and Chief Executive Officer of ABC Technology.
The fintech solution provider lets organisations harness the power of artificial intelligence (AI) to solve problems that were previously impossible to solve. Its machine learning platform automates the entire data processing cycle from collection using optical character recognition (OCR), extraction, search, analysis, and visualisation, to reporting from both unstructured and structured data sources. Using natural language processing and computer vision technologies, it helps banks, finance institutions and large enterprises to make better and faster decisions, draw insights, manage compliance, and maximise their investments.
In the next quarter, ABC Technology plans to roll out ready-made AI solutions for the fund management, investment banking, private equities and commercial/retail banking industries in the Asia-Pacific region. These solutions help organisations quickly identify more profitable opportunities and better understand their positions with more accurately extracted insights from qualitative unstructured information sources.
About ABC Technology
Founded in 2016, ABC Technology (www.abcfintech.com) is a financial technology solution provider with offices in China, Hong Kong and Singapore. A firm believer in developing innovative AI solutions for the banking and finance industry and large enterprises, 85 percent of its 300 staff are involved in research and development. Its in-house developed AI platform with computer vision and natural language processing automates the entire data processing cycle from collection, extraction, search, analysis and reporting from unstructured and structured data sources.
http://mrem.bernama.com/viewsm.php?idm=37092
The IDC FinTech Fast 101 List names the fastest growing fintech players based on extensive on-ground analysis of the dominant fintech players within the region. Fintech companies were evaluated on fintech data across key metrics such as addressable market, customer adoption, investments, chance of survival, innovation, and marketing.
The list covers 10 major markets – Australia and New Zealand, China, Hong Kong, India, Indonesia, Malaysia, Philippines, Singapore, South Korea, and Thailand.
“We are humbled and honoured to receive this recognition from IDC. It shows that our deep learning-based solution is being embraced and adopted quickly by the market, especially by forward-looking organisations that leverage leading technologies to stride ahead. The listing is also a testimony of our proven work with our customers,” said Mason Yang, Founder and Chief Executive Officer of ABC Technology.
The fintech solution provider lets organisations harness the power of artificial intelligence (AI) to solve problems that were previously impossible to solve. Its machine learning platform automates the entire data processing cycle from collection using optical character recognition (OCR), extraction, search, analysis, and visualisation, to reporting from both unstructured and structured data sources. Using natural language processing and computer vision technologies, it helps banks, finance institutions and large enterprises to make better and faster decisions, draw insights, manage compliance, and maximise their investments.
In the next quarter, ABC Technology plans to roll out ready-made AI solutions for the fund management, investment banking, private equities and commercial/retail banking industries in the Asia-Pacific region. These solutions help organisations quickly identify more profitable opportunities and better understand their positions with more accurately extracted insights from qualitative unstructured information sources.
About ABC Technology
Founded in 2016, ABC Technology (www.abcfintech.com) is a financial technology solution provider with offices in China, Hong Kong and Singapore. A firm believer in developing innovative AI solutions for the banking and finance industry and large enterprises, 85 percent of its 300 staff are involved in research and development. Its in-house developed AI platform with computer vision and natural language processing automates the entire data processing cycle from collection, extraction, search, analysis and reporting from unstructured and structured data sources.
http://mrem.bernama.com/viewsm.php?idm=37092
COVID-19: Vista Global expands complimentary empty leg flights for governments, medical organisations
KUALA LUMPUR, March 30 -- The private aviation group, Vista Global will expand on VistaJet’s offer of complimentary empty leg flights to those with critical travel requirements during this time of uncertainty.
Through VistaJet and now XO, the global digital marketplace for private aviation, Vista Global will provide governments and medical organisations access to over 115 aircraft during the COVID-19 pandemic.
Combining efforts across VistaJet and XO in utilising their global network, infrastructure and technology, the group will help governments repatriate citizens who are stranded abroad.
It will also assist in transporting healthcare professionals and medical supplies to countries that need them the most by providing access to complimentary empty leg flights, according to a statement.
“We understand that people need help, especially in times of instability, and now in expanding the availability also to XO’s fleet, we are able to use our entire global network, infrastructure, expertise and technologies to help even more communities in need,” said Vista Global’s founder and chairman, Thomas Flohr.
In addition to helping officials keep their response plans as prompt as possible, Vista Global will also assist with the complex logistics of the necessary permits and paperwork.
-- BERNAMA
Through VistaJet and now XO, the global digital marketplace for private aviation, Vista Global will provide governments and medical organisations access to over 115 aircraft during the COVID-19 pandemic.
Combining efforts across VistaJet and XO in utilising their global network, infrastructure and technology, the group will help governments repatriate citizens who are stranded abroad.
It will also assist in transporting healthcare professionals and medical supplies to countries that need them the most by providing access to complimentary empty leg flights, according to a statement.
“We understand that people need help, especially in times of instability, and now in expanding the availability also to XO’s fleet, we are able to use our entire global network, infrastructure, expertise and technologies to help even more communities in need,” said Vista Global’s founder and chairman, Thomas Flohr.
In addition to helping officials keep their response plans as prompt as possible, Vista Global will also assist with the complex logistics of the necessary permits and paperwork.
-- BERNAMA
Thursday 2 April 2020
Conagen gains strategic investment from Sumitomo Chemical, contributes to sustainable planet
KUALA LUMPUR, April 1 -- Greater Boston-based biotech, Conagen has received strategic investment from Japan’s Sumitomo Chemical to accelerate Conagen’s synthetic biology research and development contributing to a clean and sustainable planet.
Both Sumitomo Chemical and Conagen share a vision of bio-designing and introducing sustainable green chemicals to the market for reducing the global chemical footprint that impacts humans, animals, plants and the environment.
Sustainable production of molecules usually involves the biological processes of fermentation or bioconversion by enzymes. This approach can scale molecules that often cannot be scaled using regular agricultural techniques.
Conagen’s bio-production mission is to develop disruptive technology for producing products that improve humankind. Its science and innovation enable new applications and transform the way ingredients are sourced.
The company’s advantage in the synthetic biology space is its one-of-a-kind vertical integration business model with capacity to scale-up ingredient bioprocesses at multiple biomanufacturing sites worldwide.
More details at https://conagen.com/
-- BERNAMA
Both Sumitomo Chemical and Conagen share a vision of bio-designing and introducing sustainable green chemicals to the market for reducing the global chemical footprint that impacts humans, animals, plants and the environment.
Sustainable production of molecules usually involves the biological processes of fermentation or bioconversion by enzymes. This approach can scale molecules that often cannot be scaled using regular agricultural techniques.
Conagen’s bio-production mission is to develop disruptive technology for producing products that improve humankind. Its science and innovation enable new applications and transform the way ingredients are sourced.
The company’s advantage in the synthetic biology space is its one-of-a-kind vertical integration business model with capacity to scale-up ingredient bioprocesses at multiple biomanufacturing sites worldwide.
More details at https://conagen.com/
-- BERNAMA
KEIO PLAZA HOTEL TOKYO OFFERS STRAWBERRY DESSERT BUFFET IMPLEMENTING PRECAUTIONARY MEASURES REGARDING THE CORONAVIRUS
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Strawberry dessert buffet created in the theme of "Strawberries and Milk" will start from May 1 to May 31, 2020. (Photo: Business Wire)
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Wednesday 1 April 2020
APTORUM GROUP COLLABORATES WITH COVAR PHARMACEUTICALS TO INVESTIGATE AT LEAST 3 REPURPOSED DRUG CANDIDATES (SACT-COV19) FOR CORONAVIRUS DISEASE 2019 (COVID-19) UNDER EXISTING SMART-ACT™ PLATFORM AND ACTICULE INFECTIOUS DISEASE PLATFORM
NEW YORK, March 31 (Bernama-BUSINESS WIRE) -- Aptorum Group Limited (Nasdaq: APM) ("Aptorum Group"), a biopharmaceutical company focused on the development of novel therapeutics for unmet needs including but not limited to infectious, orphan and metabolic disease areas, today announced that it is initiating an additional research and development project targeting the coronavirus group and has completed initial screening under the Smart-ACT™ platform, a repurposed and new drug discovery platform, to select, out of more than 2,600 approved small drug molecules, at least 3 potential candidates for further preclinical investigation against the new coronavirus disease, COVID-19. Aptorum Group is collaborating with Toronto based Covar Pharmaceuticals and has also entered into agreement with the University of Hong Kong’s Microbiology Department to conduct further preclinical investigation of the selected candidates prior to seeking approval from regulatory agencies to initiate clinical trials on suitable candidates.
http://mrem.bernama.com/viewsm.php?idm=37070
http://mrem.bernama.com/viewsm.php?idm=37070
SweeGen hastens global expansion with Food and Beverage Application Centers in 4 regions
KUALA LUMPUR, March 31 -- Global food and beverage manufacturers can now easily create and collaborate on exploring sugar reduction solutions with SweeGen in its newly-launched Food and Beverage Application Centers located in four global regions.
The centres in North America, Europe, Asia-Pacific and Latin America will create synergy and local interaction with new and existing customers, thereby accelerating new product development reflecting local consumer preferences in taste, flavours and ingredients.
“This expansion on application and technical support into local markets is our continuing commitment to provide a unique sugar reduced solution that rapidly reduces product development time for our customers and delivers a winning product for the region,” said senior vice-president (application technology), Shari Mahon.
The flagship California centre opened first this year. Mexico and Europe to follow, and Asia-Pacific slated to open by year-end. The opening of the European centre will coincide with an anticipated EFSA approval of the company’s Rebaudioside M stevia sweetener in Europe.
Additionally, and planned to open later this year in Europe, the company will produce more than 3,000 metric tonnes of stevia sweeteners annually at its new manufacturing site, according to a statement.
The personalised customer service at the centres is just one of SweeGen’s competitive advantages. It also provides manufacturers access to reliable high purity world-scale supply of best tasting zero-calorie stevia sweeteners.
More details at www.sweegen.com.
-- BERNAMA
The centres in North America, Europe, Asia-Pacific and Latin America will create synergy and local interaction with new and existing customers, thereby accelerating new product development reflecting local consumer preferences in taste, flavours and ingredients.
“This expansion on application and technical support into local markets is our continuing commitment to provide a unique sugar reduced solution that rapidly reduces product development time for our customers and delivers a winning product for the region,” said senior vice-president (application technology), Shari Mahon.
The flagship California centre opened first this year. Mexico and Europe to follow, and Asia-Pacific slated to open by year-end. The opening of the European centre will coincide with an anticipated EFSA approval of the company’s Rebaudioside M stevia sweetener in Europe.
Additionally, and planned to open later this year in Europe, the company will produce more than 3,000 metric tonnes of stevia sweeteners annually at its new manufacturing site, according to a statement.
The personalised customer service at the centres is just one of SweeGen’s competitive advantages. It also provides manufacturers access to reliable high purity world-scale supply of best tasting zero-calorie stevia sweeteners.
More details at www.sweegen.com.
-- BERNAMA
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